Will Everest Group (EG) Beat Estimates Again in Its Next Earnings Report?

For the most recent quarter, Everest Group was expected to post earnings of $15.98 per share, but it reported$16.32 per share instead, representing a surprise of 2.13%. For the previous quarter, the consensus estimate was $14.63 per share, while it actually produced$25.18 per share, a surprise of 72.11%. Our research shows that stocks with the combination of a positive Earnings ESP and a Zacks Rank #3 (Hold) or better produce a positive surprise nearly 70% of the time. In other words, if you have 10 stock ...